US SEC is expected to greenlight the first spot Bitcoin ETF this week, opening the door for a possible $10 billion inflow in 2024.
The frenzy began when the Solana network gained more attention, and the Bonk token rallied for several weeks, leading to its listings on major exchanges such as Binance and Coinbase.
For Bitcoin to compete with major currencies as a world reserve currency, more merchants must accept it for payment to further improve existing liquidity.
In a peculiar turn of events, a day following the transfer of a substantial 26.9 BTC, valued at $1.17 million, to Bitcoin’s Genesis wallet on January 5, the cryptocurrency community has been abuzz with various speculations and theories.
Bitcoin may now be used to determine the market value of goods and services in the region.
Despite the uncertainty in traditional markets, Bitcoin’s resilience may be supported by the anticipation of the launch of a spot ETF in the United States.
The financial regulator began issuing warnings against FOMO in January 2021 amidst a soaring crypto and equities bull market.
It is believed that the approval of a spot BTC ETF could potentially drain the entire circulating supply of the crypto asset but some analysts in the industry have opposite opinions.
After an open call for collaborators, Banco de España chose local banks Cecabank and Abanca, along with UK-based blockchain company Adhara Blockchain, out of 24 total applicants.
Hayes, confident in his trading abilities, plans to capitalize on the imminent correction by attempting to “top-tick” the market in late February.
Staking has become increasingly popular among investors looking to earn rewards from locking up their coins in a crypto network.
The cNGN will serve as a complement, not a substitute for the country’s fiat currency.
The imminent approval of Bitcoin spot ETFs in the United States is expected to pave the way for more fund managers to apply for Ethereum spot ETFs in the near future.
The GPT Store aims to democratize AI development, enabling anyone to build specialized AI tools tailored to their needs and share them with others.
Blockchain analytics firm Nansen reports that almost a third of the ETH in the pending withdrawal queue belongs to Celsius, totaling 206,300 ETH valued at approximately $468.5 million at current prices.